Blow-off top
BearishAt a new high, volume prints a 60-bar record but the bar closes in its lower half — the last buyers piled in and could not hold it, a warning that the advance is spent
Most patterns resolve their way only 50–60% of the time — nearly half miss.
Textbook shape
How to read it
At a new high, volume prints a 60-bar record but the bar closes in its lower half — the last buyers piled in and could not hold the price.
The mirror of a selling climax: the fuel behind the advance burned through in a single session, which reads as an exhaustion warning — more so if volume had been building the whole way up.
It is less a top-caller than a statement that this pace cannot continue. Whether later bars can retouch that high is the thing to watch.
Real example
US stockBYNDDaily
Completed 2026-04-21
CryptoSOL-USDDaily
Completed 2025-01-19
A window SQMATE's detectors actually flagged in past bars. It records a day that worked out — the same shape doesn't always resolve the same way.
On SQMATE
No more eyeballing charts
You don't have to flip through charts hunting for shapes. Signal watch pings your browser the moment a condition is met, patterns on your watchlist arrive by email, and the screener lists every symbol that matched today.
SQMATE draws the lines
Support lines, trendlines, channels — the lines you need to read a pattern are drawn for you, so no time goes into drawing.
Patterns aren't the whole story
The same shape doesn't always resolve the same way. It's safer to read it together with candles, volume, and market context — news, catalysts, flows.